As part of its rapidly growing suite of utility solutions, Virtual Peaker has launched real-time arbitrage for residential smart devices as part of its Distributed Energy Resource Management (DERMS) offering. This approach to device control is the first of its kind among DERMS providers and complements the cloud-based real-time controller that already sets Virtual Peaker apart from its competitors.
“Our energy arbitrage module is a real game-changer,” says Bill Burke, CEO of Virtual Peaker. “This new approach gives utilities the ability to open up device control in a way that is going to change energy markets to benefit customers. It’s truly exciting.”
Virtual Peaker’s approach to real-time control and arbitrage is already being deployed in the dispatch of devices in New England. Green Mountain Power (GMP) in Vermont, a leader in market innovation, is using Virtual Peaker’s technology to dispatch residential battery systems as part of its Bring Your Own Device (BYOD) program to help drive down costs for all customers. Virtual Peaker is a GMP Inspire Space Contest Winner, selected in 2016 to help develop and deliver technology solutions for GMP customers. Read the full article here: Virtual Peaker Launches Real-Time Smart Device